Reviewing Carpenter Technology (CRS) & Its Rivals

Carpenter Technology (NYSE:CRS) is one of 229 publicly-traded companies in the “Aerospace & Defense” industry, but how does it compare to its competitors? We will compare Carpenter Technology to related companies based on the strength of its earnings, institutional ownership, risk, analyst recommendations, valuation, dividends and profitability.

Dividends

Carpenter Technology pays an annual dividend of $0.80 per share and has a dividend yield of 0.3%. Carpenter Technology pays out 7.1% of its earnings in the form of a dividend. As a group, “Aerospace & Defense” companies pay a dividend yield of 1.1% and pay out 38.4% of their earnings in the form of a dividend.

Earnings & Valuation

This table compares Carpenter Technology and its competitors top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Carpenter Technology	$3.12 billion	$529.80 million	26.58
Carpenter Technology Competitors	$8.47 billion	$569.01 million	22.04

Carpenter Technology’s competitors have higher revenue and earnings than Carpenter Technology. Carpenter Technology is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Institutional and Insider Ownership

92.0% of Carpenter Technology shares are owned by institutional investors. Comparatively, 49.5% of shares of all “Aerospace & Defense” companies are owned by institutional investors. 2.9% of Carpenter Technology shares are owned by insiders. Comparatively, 11.8% of shares of all “Aerospace & Defense” companies are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Profitability

This table compares Carpenter Technology and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Carpenter Technology	17.87%	27.50%	15.76%
Carpenter Technology Competitors	-347.37%	-49.10%	-4.38%

Volatility & Risk

Carpenter Technology has a beta of 1.43, meaning that its share price is 43% more volatile than the S&P 500. Comparatively, Carpenter Technology’s competitors have a beta of 1.31, meaning that their average share price is 31% more volatile than the S&P 500.

Analyst Ratings

This is a summary of current ratings and price targets for Carpenter Technology and its competitors, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Carpenter Technology	0	4	5	0	2.56
Carpenter Technology Competitors	2162	8279	12805	581	2.50

Carpenter Technology presently has a consensus price target of $476.43, suggesting a potential upside of 58.09%. As a group, “Aerospace & Defense” companies have a potential upside of 28.20%. Given Carpenter Technology’s stronger consensus rating and higher possible upside, equities analysts plainly believe Carpenter Technology is more favorable than its competitors.

Summary

Carpenter Technology beats its competitors on 10 of the 15 factors compared.

About Carpenter Technology

Carpenter Technology Corporation develops, manufactures and distributes specialty alloys and engineered materials for applications that require high performance in demanding environments. Its products include specialty steels, nickel- and cobalt-based alloys, titanium alloys, and precision-engineered components. The company serves customers in industries including aerospace and defense, medical, energy, transportation and industrial manufacturing. Its materials are used in products and equipment where strength, heat resistance, corrosion resistance or other specialized properties are important.